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Education – Teaching Centre

For Sale

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South West Sydney

Business Code: W1895

$259,000.00
+ Estimated Stock (SAV) $150000
Key Features: Prime location. Well known education centre. Long history. Well set up teaching system with qualified learning materials. Highly qualified teachers. Growing business.
State: NSW
Suburb: Hurstville
Location: Situated in modern building close to train station and commercial area in South West Sydney.
Premises: This business has an area of 318 sq.mts. with 3 entrances.
Price not disclosed

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Retiring after 20 yrs. in same business

Sale Reason

20 yrs

Established

6 car spaces

Parking

1 owner ( Management only) + 1 office clerk + 2 full timers + 2 part timers

Employees

6 days - Monday to Friday: 3:00 pm to 8:00 pm. Saturday: 9:00 am to 6:00 pm. Sunday closed

Trading Hours

New 5 year lease + 5 yrs option - annual rent increases by 3.5%. - 3 months bond.- Vendor is Landlord.

Lease

Education teaching centre for after school. Main subjects are selective high school preparation, Intensive writing class, opportunity class school test, critical thinking skills test, reading class, computer class, Naplan test, high school classes, zoom classes. Main subjects are Mathematics, English, Physics, Science etc. – Currently has approx. 100 students enrolled. – Air conditioned – 13 rooms with a total of 195 seats including 20 seat computer room.

Features

Prime location. Well known education centre. Long history. Well set up teaching system with qualified learning materials. Highly qualified teachers. Growing business.

Potential

Rooms can be subleased to other business tenant such as physio therapy, training college etc. Ideal business for teachers or education centre tutors. Could extend opening times and days. Can add more chairs, tables.

Comments

During school holidays there are much more students.- approx. $4000 p.w. higher income. - Supplies superb learning materials. Equipment includes 20 computers and all furniture. - Inspection through your brokers. Motivate vendor.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$8600
Cost of Goods
$550
Gross Profit
$8050
Rent
$1385
Wages
$2500
Insurance
$10
Electricity
$40
Total Expenses
$4704
Estimated Stock
(Additional)
$150000
Net Profit
$3346
Price
$259,000.00
+ Estimated Stock (SAV) $150000
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